Root CAO has shares withheld for tax obligations
Root, Inc. Chief Accounting Officer Ryan Forish reported a small, routine share disposition related to equity compensation.
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Rhea-AI Filing Summary
Root, Inc. Chief Accounting Officer Ryan Forish reported a small, routine share disposition related to equity compensation. On the reported date, 294 shares of Class A Common Stock were withheld by the company to cover tax obligations from vesting restricted stock units, at a value of $51.07 per share. After this tax-withholding event, Forish directly owned 24,316 shares of Root common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 294 | $51.07 | $15K |
Footnotes (1)
- F1. These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units.
Key Figures
Key Terms
restricted stock units financial
Class A Common Stock financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Root (ROOT) report for Ryan Forish?
Was the Root (ROOT) insider transaction an open-market sale?
What does a tax-withholding disposition mean for Root (ROOT) insiders?
AI-generated analysis. How Rhea-AI works. Not financial advice.